Monday, August 19, 2019

Tag "FG"

    DisCos reject move by FG to take over power firms

DisCos reject move by FG to take over power firms

The Association of Nigerian Electricity Distributors (ANED) has rejected reported plans by the federal government to repossess the distribution companies (DisCos).It had earlier been reported that the government is considering taking over the distribution assets from the investors and pay them off with N736 billion. The FG described the investors as a failure.Sunday Oduntan (pictured), ANED's executive director for research [...]

0 comment Read Full Article
    FG:  El-Zakzaky wanted to relocate to another country from India

FG: El-Zakzaky wanted to relocate to another country from India

The federal government says the mission of Ibraheem el-Zakzaky, leader of Islamic Movement in Nigeria (IMN), in India was to seek asylum in another country.In a statement on Friday, Grace Gekpe, permanent secretary, ministry of information, said while in India,  IMN leader reached out to international non-governmental organisations (NGOs) and some lawyers.El-Zakzaky returned to the country on Friday without being [...]

0 comment Read Full Article
    IMN: FG presented El-Zakzaky to India as a dangerous suspect with an unknown ailment

IMN: FG presented El-Zakzaky to India as a dangerous suspect with an unknown ailment

The Islamic Movement in Nigeria (IMN) has accused the federal government of alleged plans to kill Ibrahim El-Zakzaky, its leader.El-Zakzaky and his wife, Zeenat,  arrived in Nigeria from India on Friday after refusing to receive treatment in the Asian country.The duo travelled to India on Monday on medical grounds following the order of a Kaduna high court but claimed they [...]

0 comment Read Full Article
    There’s no corruption in N-Power, says NSIO

There’s no corruption in N-Power, says NSIO

The National Social Investment Office (NSIO) says its N-Power scheme is structured in a way that makes it immune to corruption. In a statement on Wednesday, Justice Bibiye, communications manager of the NSIO, said the government showed political will in the execution of the programme which insulated it from corruption and other forms of sharp practices.Bibiye said the scheme had no [...]

0 comment Read Full Article
    FG: El-Zakzaky misbehaving  in India… he wanted to check into a 5-star hotel

FG: El-Zakzaky misbehaving in India… he wanted to check into a 5-star hotel

The federal government says Ibraheem el-Zakzaky, leader of the Islamic Movement in Nigeria (IMN), wanted to check into a five-star hotel in India rather than a hospital.A high court in Kaduna had granted him medical leave after he sought it on health grounds.Alongside Zeenat, his wife, family members and security operatives, the IMN leader left the country on Monday evening.But [...]

0 comment Read Full Article
    Senate wants FG’s 40% share in DisCos sold to foreign investors

Senate wants FG’s 40% share in DisCos sold to foreign investors

The senate has advised the federal government to divest its 40% stake in electricity distribution companies (DisCos) to foreign investors.Senate President Ahmed Lawan gave this advice in Abuja when he received the management team of the Transmission Company of Nigeria (TCN) led by Usman Mohammed, its managing director.In a statement by the TCN, Lawan said experts in the field should be [...]

0 comment Read Full Article
    Your actions can break up the country, Afenifere tells FG

Your actions can break up the country, Afenifere tells FG

Afenifere, pan-Yoruba socio-political organisation, says the federal government is "doing all kinds of things that can divide the country".Yinka Odumakin, Afenifere spokesman, said this while responding to a comment Vice-President Yemi Osinbajo made on the unity of the country.Osinbajo had asked those seeking the dissolution of Nigeria to look at the case of Sudan which broke up yet the problems [...]

1 comment Read Full Article
    Buhari: We’ll deal severely with evil Nigerians

Buhari: We’ll deal severely with evil Nigerians

President Muhammadu Buhari says his administration will deal severely with "evil Nigerians" inciting violence for political ends.Speaking during a meeting with south-west traditional leaders at the presidential villa in Abuja, on Wednesday, the president outlined some of the steps his administration is taking to address the security challenges.He said the police will be equipped with advanced technology, adding that closed [...]

0 comment Read Full Article
    IMN suspends protests — after proscription by FG

IMN suspends protests — after proscription by FG

The Islamic Movement in Nigeria (IMN) has announced a temporary suspension of its street protests.Ibrahim Musa, president of the media forum of IMN, made this known in a statement on Wednesday.The federal government had officially proscribed the activities of the group after a federal high court declared it a terrorist organisation.Musa explained that the decision to suspend its protest was as a [...]

0 comment Read Full Article
    Amnesty accuses FG of depriving IMN members of their rights

Amnesty accuses FG of depriving IMN members of their rights

Amnesty International, a human rights organisation, has accused the federal government of "increasingly depriving" members of the Islamic Movement in Nigeria (IMN) of their rights to freedom of association.The IMN is led by Ibrahim El-Zakzaky who has been in detention since 2015.The federal government had officially proscribed the activities of the group after a federal high court declared it a [...]

0 comment Read Full Article
    Release El-Zakzaky to us for treatment, Iran tells FG

Release El-Zakzaky to us for treatment, Iran tells FG

The Islamic Republic of Iran has asked the federal government to release Ibrahim El-Zakzaky, leader of the Islamic Movement of Nigeria (IMN), and send him to the country for treatment.Mohammed Montazeri, the country's prosecutor-general, made this known in a letter obtained from AhlulBayt News Agency, an Iran-based news organisation.El-Zakzaky is facing trial over allegations of culpable homicide, unlawful assembly, and [...]

1 comment Read Full Article
    Falana tackles Femi Adesina for justifying detention of El-Zakzaky

Falana tackles Femi Adesina for justifying detention of El-Zakzaky

Femi Falana, human rights activist, says filing an appeal against a court judgement does not suspend its order.Falana was reacting to the attempt of Femi Adesina, presidential spokesman, to justify the continuous detention of IbrahIm El-zakzaky, leader of the Islamic Movement in Nigeria (IMN).Adesina had said El-Zakzaky was still in detention because the presidency filed an appeal against the federal [...]

0 comment Read Full Article
    Obaseki: Sambisa is an ideal place to begin Ruga

Obaseki: Sambisa is an ideal place to begin Ruga

Godwin Obaseki, governor of Edo, says there is no available land for Ruga settlement in the state.The federal government had proposed Ruga as a means to end the incessant clashes between farmers and herders but it was later suspended following public outcry.Speaking during a lecture in Abuja on Tuesday, the governor said the ideal way to begin the proposed settlement [...]

0 comment Read Full Article
    FG: We have no hand in El-Zakzaky’s trial

FG: We have no hand in El-Zakzaky’s trial

The federal government says it is not involved in the ongoing trial of Ibrahim El-Zakzaky, leader of the Islamic Movement in Nigeria (IMN).In a statement on Friday, Garba Shehu, senior special assistant to the president on media and publicity, said the government will no longer condone acts of violence from El-Zakzaky’s followers.The Shi'ia leader is facing trial over allegations of [...]

0 comment Read Full Article
    FG: Workers earning below N30,000 will start enjoying new minimum wage

FG: Workers earning below N30,000 will start enjoying new minimum wage

Workers earning below N30,000 will soon start enjoying the new minimum wage, according to the federal government.President Muhammadu Buhari signed the national minimum wage bill into law in April.Speaking at a news conference on Tuesday in Abuja, Richard Egbule, chairman of National Salaries, Income and Wages Commission, said federal government is totally committed to the implementation of the new minimum [...]

0 comment Read Full Article
    Spokesman of northern coalition ‘should be arrested’ over Ruga threat

Spokesman of northern coalition ‘should be arrested’ over Ruga threat

A group known as the Midwest Movement of the indigenous people of Edo and Delta states has called on law enforcement agents to immediately arrest and prosecute Abdul-Azeez Suleiman, spokesman of Coalition of Northern Groups (CNGs).Reacting to the threat of the coalition to expel southerners in the north, the group said the "unwarranted statement" is a serious threat to the [...]

0 comment Read Full Article
Advertisement

Advertisement

Advertisement

Exchange Rates

August 19, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement